Review of a year full of unexpected turns
2016 was a year marked by a number of major political and economic events. But even in such a challenging environment, Berne Union Members grew their business again in 2016.
2016 was a year marked by a number of major political and economic events. But even in such a challenging environment, Berne Union Members grew their business again in 2016.
The developments through the past year and the potential for increased growth in business for 2017.
Volumes of export credit and investment insurance reported for 2015 by Members of the Berne Union decreased by 7% to reach a total amount of $1.865 trillion. But Berne Union members still supported about 11% of international trade in 2015.
Volumes of export credit and investment insurance reported for 2014 by members of the Berne Union and Prague Club increased by 4% to reach a total amount of $2 trillion.
As part of the 2015 Berne Union and Prague Club Spring Meeting held in Florence, Italy, and hosted by SACE, a CEO panel was held to discuss members’ various perspectives on the “future role and scale of export credit agencies (ECAs)”.